inSing.com, 12 Sep 2012Opposition party leader Chee Soon Juan said that former Minister Mentor Lee Kuan Yew and Emeritus Senior Minister Goh Chok Tong have accepted his offer of S$30,000 to annul his bankruptcy.
Dr Chee, who is Secretary-General of the Singapore Democratic Party (SDP), was declared a bankrupt in 2006 after he failed to pay damages of S$500,000 to Mr Lee and Mr Goh, Today newspaper reported.
The two former Prime Ministers of Singapore had filed a defamation suit against him when, during the 2001 General Election, he questioned the government’s 1998 loan of S$17 billion to Indonesia as a rescue package during the Asian Financial Crisis. The government did not lend the money to Indonesia and Dr Chee was sued. Full story
Related:
Fund raising to discharge CSJ hots up - Singapore Democrats
